Welcome to our dedicated page for Golden Goliath Res news (Ticker: GGTHF), a resource for investors and traders seeking the latest updates and insights on Golden Goliath Res stock.
Golden Goliath Resources Ltd. (GGTHF) is a Vancouver-based junior exploration company with projects focused on gold, silver and rare earth elements in Canada. News about Golden Goliath often centers on exploration updates, financing activities and corporate developments that shape the company’s project pipeline and strategic direction.
Investors and followers of GGTHF can expect regular news on exploration programs at the company’s 100% owned Wish Ore gold property near Sault Ste. Marie and its other gold project in the Red Lake area of Ontario. Releases describe geological settings, results from trenching and drilling, and plans for follow-up work along key structural corridors. Updates on the Manicouagan rare earth element properties in Quebec frequently cover geophysical survey results, interpretations of radiometric and drone magnetic data, and plans for ground-truthing and target definition.
Golden Goliath’s news flow also includes announcements of non-brokered private placements and other financing initiatives, outlining unit structures, warrant terms and intended use of proceeds for drilling, field work and working capital. Corporate news items may address board and management changes, strategic reviews and the sale or acquisition of exploration assets, such as the reported sale of remaining Mexican exploration assets to a subsidiary of Fresnillo plc.
By following the Golden Goliath news page, readers can monitor how the company advances its Ontario gold and Quebec rare earth element projects, how it interprets technical data, and how financing and corporate decisions support ongoing exploration efforts.
Golden Goliath Resources (TSXV: GNG) has announced a private placement offering to raise up to $1,000,000. The offering consists of units priced at $0.05 with each unit including a full warrant exercisable at $0.08 for 12 months from closing.
The company has engaged Clarence Financial as corporate advisor, who will receive a 5% cash and warrant finder's fee. The proceeds will fund exploration at the Wishore Property in Red Lake, Ontario, potential asset acquisitions, and working capital needs.
Golden Goliath Resources (TSXV: GNG) has appointed Maki Petkovski as its new Chief Executive Officer and Director, effective immediately. Petkovski, a seasoned geologist with over 35 years of international experience, succeeds J. Paul Sorbara, who will continue as Chairman of the Board.
Petkovski brings extensive expertise in geology, geophysics, and executive management, having worked with notable companies including BP, Ampolex Ltd, and Oil Search Ltd. His experience spans the Australasian and MENA regions, with successful resource discoveries and asset management across multiple countries including Egypt, Tunisia, and Australia.
Golden Goliath Resources (TSXV: GNG, OTC: GGTHF) announced the immediate resignation of Mr. Daniel Nofrietta Fernandez from its Board of Directors. The company acknowledged Mr. Fernandez's contributions to its strategic direction and exploration initiatives during his tenure.
The company is currently conducting a strategic review and evaluating potential candidates to fill board vacancies. Golden Goliath stated it will provide updates on new appointments as appropriate while maintaining its focus on advancing projects and enhancing shareholder value.
Golden Goliath Resources (TSXV: GNG) (OTC Pink: GGTHF) has announced the termination of its option on the Ernest REE project in Quebec's Manicouagan area. The company retains three other 100% owned Rare Earth Element properties in the region, including the Victory 21 property.
The remaining Manicouagan Project properties are located south of the Manicouagan impact crater, with Highway 389 running through them north of the Robert Bourassa hydro dam at Manic-5, 215 km north of Baie Comeau. Initial exploration work included:
- Geological and geochemical studies
- Ground radiometric surveys
- Drone magnetic surveys at 40-meter height with 30-meter line spacing
The properties feature metamorphic and igneous units intersected by younger pegmatites, though the relationship between anomalous REE values and the Manicouagan impact event remains uncertain.
Golden Goliath Resources (TSXV: GNG) (OTC: GGTHF) has announced the sale of its Mexican exploration assets to a Fresnillo plc subsidiary. The deal includes various concessions sold for USD$75,000 (50% paid on signing, 50% upon Mexican authority registration) and royalties for USD$25,000. Additional concessions will be sold for USD$50,000 pending certain conditions. The company is now focusing on its Ontario gold properties - Wish Ore near Sault Ste Marie and Dixie Road near Red Lake's Kinross Great Bear deposit - along with four REE projects in Quebec.
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